States › New Jersey › 2005
In 2005 the FHFA house price index for New Jersey changed +16.5%, against +12.4% for the United States and +14.6% in 2004.
38,588 housing units were authorised by building permits in the state that year (22,264 single-family), +7.4% on 2004; the national total was 2,155,316.
+16.5% New Jersey index, 2004–2005 US +12.4%
38,588 housing units permitted in 2005 22,264 single-family
21 of 21 counties with a rising index median county +16.3%
2,155,316 units permitted nationally in 2005
Counties in 2005 Ranked by the county index change from 2004 to 2005 (FHFA annual county index). Permits are units authorised in 2005; per 1,000 uses the vintage 2025 population.
County Index change 2005 Units permitted Single-family Per 1,000 Cape May County +22.0% 2,433 1,125 26.1 Atlantic County +20.8% 2,002 1,839 7.2 Hudson County +19.7% 4,498 361 6.1 Cumberland County +18.4% 630 597 4.0 Ocean County +17.4% 2,904 2,743 4.3 Essex County +17.2% 3,128 718 3.5 Middlesex County +16.7% 3,206 1,774 3.6 Monmouth County +16.6% 2,584 1,932 4.0 Somerset County +16.5% 1,220 818 3.4 Union County +16.4% 1,278 599 2.1 Bergen County +16.3% 2,972 1,220 3.0 Burlington County +16.2% 1,475 1,290 3.1 Camden County +16.0% 1,706 1,160 3.2 Morris County +15.9% 2,503 927 4.8 Gloucester County +15.7% 2,075 1,882 6.6 Mercer County +15.6% 1,296 1,221 3.2 Salem County +15.4% 297 285 4.5 Sussex County +14.5% 668 666 4.5 Passaic County +14.3% 647 230 1.2 Hunterdon County +14.2% 506 436 3.8 Warren County +13.6% 560 441 5.0
Permits by year, 1995–2025 Housing units authorised in New Jersey by year 0 20,000 40,000 1995: 21,521 units (18,341 single-family, 3,180 in multi-unit buildings) 1995 1996: 24,173 units (20,853 single-family, 3,320 in multi-unit buildings) 1997: 28,018 units (23,472 single-family, 4,546 in multi-unit buildings) 1998: 31,345 units (25,459 single-family, 5,886 in multi-unit buildings) 1999: 31,976 units (25,129 single-family, 6,847 in multi-unit buildings) 2000: 34,585 units (25,260 single-family, 9,325 in multi-unit buildings) 2000 2001: 28,267 units (21,503 single-family, 6,764 in multi-unit buildings) 2002: 30,441 units (22,379 single-family, 8,062 in multi-unit buildings) 2003: 32,984 units (22,163 single-family, 10,821 in multi-unit buildings) 2004: 35,936 units (22,429 single-family, 13,507 in multi-unit buildings) 2005: 38,588 units (22,264 single-family, 16,324 in multi-unit buildings) 2005 2006: 34,323 units (17,113 single-family, 17,210 in multi-unit buildings) 2007: 25,389 units (13,066 single-family, 12,323 in multi-unit buildings) 2008: 18,363 units (9,169 single-family, 9,194 in multi-unit buildings) 2009: 12,421 units (7,211 single-family, 5,210 in multi-unit buildings) 2010: 13,535 units (7,378 single-family, 6,157 in multi-unit buildings) 2010 2011: 12,952 units (6,475 single-family, 6,477 in multi-unit buildings) 2012: 17,939 units (7,279 single-family, 10,660 in multi-unit buildings) 2013: 24,209 units (10,377 single-family, 13,832 in multi-unit buildings) 2014: 28,155 units (11,019 single-family, 17,136 in multi-unit buildings) 2015: 30,560 units (10,518 single-family, 20,042 in multi-unit buildings) 2015 2016: 26,793 units (9,626 single-family, 17,167 in multi-unit buildings) 2017: 28,501 units (10,148 single-family, 18,353 in multi-unit buildings) 2018: 27,942 units (10,348 single-family, 17,594 in multi-unit buildings) 2019: 36,505 units (11,526 single-family, 24,979 in multi-unit buildings) 2020: 36,146 units (12,289 single-family, 23,857 in multi-unit buildings) 2020 2021: 37,094 units (13,913 single-family, 23,181 in multi-unit buildings) 2022: 36,906 units (13,185 single-family, 23,721 in multi-unit buildings) 2023: 32,840 units (13,228 single-family, 19,612 in multi-unit buildings) 2024: 34,932 units (14,807 single-family, 20,125 in multi-unit buildings) 2025: 27,661 units (12,820 single-family, 14,841 in multi-unit buildings) 2025 Housing units authorised in New Jersey by year
Source: Federal Housing Finance Agency annual state and county house price indexes (updated March 31, 2026); Census Bureau Building Permits Survey annual state and county files. Public domain. Methodology .